“ SUPPLY NEEDS INTERPRETED DATA AS QUICKLY AS POSSIBLE , AND ERPS ARE NOT GREAT AT THIS ”
TECH & AI
“ SUPPLY NEEDS INTERPRETED DATA AS QUICKLY AS POSSIBLE , AND ERPS ARE NOT GREAT AT THIS ”
HEIN PRETORIOUS CEO , ONPRO
Enter integrated business planning ( IBP ) - enterprise-wide strategy to align business goals and financial targets with decisions and actions . A well-implemented IBP can reduce costs , lead to more responsive customer service and demand fulfilment , as well as shorten the time to market for new products .
But what of the day-to-day implementation of an IBP strategy ? This is where enterprise resource planning ( ERP ) comes in . ERP solutions are an integrated suite of business applications . They share common processes and data models , and cover operational end-to-end processes , like those found in finance , HR , distribution , manufacturing , service and the supply chain .
ERP helps automate and streamline operations ERP helps businesses evolve and adapt , so they become more agile and resilient , for example . ERP solutions help in this front by automating and streamlining operations across departments by using software that manages data and integrates disparate systems .
So for supply chain , an ERP solution will take care of the physical aspects of supply , including storage and transportation , as well as the market aspects , such as managing demand and meeting customer needs . An efficient solution coordinates and integrates
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